CenterWell Pharmacy® and Mark Cuban Cost Plus Drug Company Teaming up to Develop Disruptive Medication Model
Collaboration focused on discounted prescription and direct delivery services
CenterWell Pharmacy®, a leader in specialty pharmacy and home delivery pharmacy and part of Humana Inc. (NYSE:HUM), today announced a deepened partnership with Mark Cuban Cost Plus Drug Company (Cost Plus Drugs) to develop new, end-to-end employer prescription solutions.
As part of this collaboration, Cost Plus Drugs has selected CenterWell Pharmacy® as a pharmacy partner. In addition, Cost Plus Drugs' digital pharmacy SaaS solution, SwiftyRx™, will be used by CenterWell Pharmacy for its medication order intake operations.
More broadly, by combining SwiftyRx's innovative technology, Cost Plus Drugs' industry‑leading low prices, and CenterWell Pharmacy's distribution capabilities, the organizations intend to partner on a new employer-based program design. The goal is to simplify medication access and lower patient cost by streamlining patient onboarding, automating benefit checks, reducing cost-to-fill, and driving greater operational efficiencies.
"Everyone should be able to get safe, affordable medication," said Mark Cuban, co-founder of Cost Plus Drugs. "This collaboration gives Cost Plus Drugs the chance to support more consumers. We're working with CenterWell Pharmacy because we trust the team and like what they're doing in trying to improve prescription affordability."
The SwiftyRx™ platform is expected to enable CenterWell Pharmacy® to have the capability to offer home delivery pharmacy services to Humana's eligible workforce enrolled in the Humana Associate Benefit Plan.
"Today's announcements reflect an aligned mission to redesign access and affordability in a simplified approach, to help patients get the medications they need," said Bethanie Stein, Pharm.D., President, Pharmacy at Humana, including CenterWell Pharmacy®. "CenterWell's value as a distribution partner lies in our capacity, infrastructure, and proven quality measures, all of which drive a better experience for our patients. That's important as we focus on greater medication adherence and patient health outcomes across the country."
About Mark Cuban Cost Plus Drug Company
The Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs) aims to fundamentally change the way the pharmaceutical industry operates. As a public-benefit corporation, its social mission of improving public health is just as important as the bottom line. Cost Plus Drugs transparently charges a standard markup on every drug it sells. The costplusdrugs.com online pharmacy launched in January 2022 now carries over 2,300 prescription products, delivered by mail to thousands of happy customers every day. Customers can also go to participating retail pharmacies to receive Cost Plus Drugs pricing through the Team Cuban Card. Cost Plus Drugs is working with health plans, managed-care organizations, PBMs, and self-insured employers to bring these same savings to benefit plans nationwide. Learn more at www.markcubancostplusdrugcompany.com.
About CenterWell®
CenterWell® is a leading health care services business focused on creating integrated and differentiated experiences that put our patients at the center of everything we do. The result is high quality health care that is accessible, comprehensive, and, most of all, personalized. As the largest provider of senior-focused primary care, a leading provider of home health care, and a leading integrated home delivery, specialty, and retail pharmacy, CenterWell® is focused on whole health and addressing the physical, emotional and social wellness of our patients.
CenterWell® is part of Humana Inc. (NYSE:HUM). Learn more about what we offer at CenterWell.com.
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Alissa Krinsky
CenterWell Corporate Communications
akrinsky@humana.com
Cost Plus Drugs
press@costplusdrugs.com